Topics regarding layoffs at Kyndryl

Topics regarding layoffs at Kyndryl

Future in Kyndryl

I spent more than a decade in IBM and am now part of Kyndryl ( US). I got an offer with almost the same package somewhere else. Is it prudent to move on in these turbulent times? The only positive thing I feel about Kyndryl is work-life balance. ... — read more 

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| 4501 views | | 5 replies (last February 20, 2023)
Post ID: @OP+1iVDAMFd

I don't know how rosy it is....

I don't know how rosy it is. When I look at - https://www.theregister.com/2022/08/04/infrastructure_services_giants_still_being/ it looks to be that they are probably cutting by the end of the year or in Q1. Those savings will inevitably come from... — read more 

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| 2220 views | | 2 replies (last September 26, 2022)
Post ID: @OP+1iT3b98R

40,000 strong by end of year

Heard it from me first - thousands upon thousands of those stupid enough 2 stay be walking the unemployment line by end of 2022. No way 80k+ sustainable for much longer. No way.

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| 2340 views | | 1 reply (July 28, 2022)
Post ID: @OP+1hUFrY6J

Kyndryl Partners with the World!

The "partnership" announcements are getting embarrassing. Obviously, Kyndryl can't do anything modern on their own. Why in the world would anyone pay a Kyndryl premium for Azure infrastructure? Some of these partners are already dead too! Trying... — read more 

Anyone notified yet of a Raise?

I had thought that on one of the Open Mic calls it was said that raises would occur effective July 1st. Since that day is tomorrow I would think folks would have been notifed by today if they are receiving anything. Has anyone, anywhere, gotten a... — read more 

A shared culture

I just read an interview with UK/I chief Tosca Colangeli in which she clearly points out that we are “steeped in the same history and culture” with Big Blue and there are no plans to change... — read more 

So many are quitting

I don't understand why. Things haven't improved since the separation from IBM but they haven't worsened either. What's making people suddenly decide that they can't take it anymore and leave in such large numbers? I'd really like to know if I'm... — read more 

Another Dismal Coverage

https://finance.yahoo.com/news/insiders-may-rethinking-us-1-172900666.html

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| 1060 views | | no replies yet
Post ID: @OP+1gAJtrDk

The oldest play in the book

IBM is over stuffed Kyndryl. This is straight out of the Intel server to Lenovo playbook - it's an old trick and it works. IBM paid Kyndryl to handle the layoff’s of the overstuff. When IBM used this play with Lenovo, attrition went up, thus... — read more 

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| 1850 views | | no replies yet
Post ID: @OP+1gjAkllZ

A Kyndryl Perspective from some former IBM CEO’s

I recently had the opportunity to exchange emails with the current and former IBM CEO’s. Intent was to get an informed strategic perspective on Kyndryl, IBM, and the future. Each of them provided a refreshing perspective to this. My article and... — read more 

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| 2154 views | | no replies yet
Post ID: @OP+1fZvzfhX

It's been nearly five months

Tell us guys and gals, how does it feel to be away from IBM? Have things improved drastically or are they the same? I'm hoping for the sake of all of you that you didn't take the horrible culture with you. I know my job would be much easier if I... — read more 

Kyndryl Russia

What is the position of Kyndryl on Russia? Are they going to sell in Russia? Arvind has expressed on this subject but I have not heard anything from Kyndryl leadership.

$2 Billion Loss

The entire thing is a joke, honestly. A BK is in the stars... - Full-year 2021 revenues total $18.7 billion and net loss is $2.3 billion - Pro forma revenues total $18.5 billion and pro forma adjusted pretax income is $114 million, both in line... — read more 

A Big Deal

https://www.reuters.com/business/media-telecom/ibm-spinoff-kyndryl-signs-beachhead-networking-deal-with-nokia-2022-02-17/

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| 1240 views | | 1 reply (February 18, 2022)
Post ID: @OP+1flv7Tbr

Who will acquire Kyndryl?

The share price keeps crashing and it is now an extremely cheap buy. At price of less than $4B (+ 1.2B in debit) with over $19B in annual revenue and a large pool of talent getting hold of 1000's of hosting and Cloud contracts makes this an ideal... — read more 

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| 5100 views | | 8 replies (last January 27, 2022)
Post ID: @OP+1e0UXtOY

I wonder if the C-Suite knew what they were signing up for?

"$100-$200M PTI" in a shrinking business through 2025. Their equity is crashing now and is very short term. We didn't have a choice - but they left other jobs to come here and their equity was converted to KD by IBM (and not at market after say 30 or... — read more 

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| 1810 views | | no replies yet
Post ID: @OP+1e0sZSqx

Do talents want to work at Kyndryl?

According to our chief executive, India is a big opportunity for talent acquisition and business growth. I, on the other hand, see opportunities only outside of this company. If anyone is interested ----> ... — read more 

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| 1940 views | | 2 replies (last November 19, 2021)
Post ID: @OP+1dRRpvoQ

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